Markets had another strong week as inflaton data set the stage for the Federal Reserve’s meeting next week; a rate cut is expected but may already be priced in
Nvidia strategically controls AI compute power through partnerships with Nebius and CoreWeave. Microsoft's deal with Nebius strengthens Nvidia's influence while leaving CoreWeave vulnerable. Hyperscalers now play by Nvidia's rules.
Oracle surged to a record high on an avalanche of AI-related orders, triggering a wave of optimism across Wall Street. While the Dow retreated, the S&P 500 climbed to yet another record, as cooling producer prices raised hopes for interest rate cuts.
